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30 Jul 2026 · 17:33 GMT+3
14

British Pound plunges amid suspected Yen intervention

The GBP/JPY cross trades sharply lower near 213.20 on Thursday, losing around 2.4% as a sudden surge in the Japanese Yen (JPY) overwhelms the British Pound’s reaction to the Bank of England’s (BoE) monetary policy announcement.

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